Looks like a really bad year for them.HoustonAg_2009 said:
Goodness gracious look at Celanese (CE). Over $150/share 12 months ago and now at $60/share after hours. Profitable chemical company…. I know chemical stocks are in the dumpster right now but isn't this too much of overreaction??
confucius_ag said:
Anybody add some POWL today?
Quote:
The thing I always harp on is risk management. If you lost big, then the primary flaw in your strategy was how much capital you exposed to it. No matter your conviction, you must adhere to strict risk management. If you aren't able to identify support breaks using technicals, aren't able to get insight fundamentally that a reversal is coming, then the only way you can manage your risk is through your entry and allocation.
So we're all just going to toss hunches and gut feel completely out the window?!?!Ayto Siks said:confucius_ag said:
Anybody add some POWL today?
I want to... I mean, I really want to go crazy and keep buying POWL...but I've already been buying in big chunks and I've reached my personal maximum allocation.
Quoting a slightly condensed version of something from HA that is keeping me somewhat responsible:Quote:
The thing I always harp on is risk management. If you lost big, then the primary flaw in your strategy was how much capital you exposed to it. No matter your conviction, you must adhere to strict risk management. If you aren't able to identify support breaks using technicals, aren't able to get insight fundamentally that a reversal is coming, then the only way you can manage your risk is through your entry and allocation.
best way to go.Ayto Siks said:
I start with the hunch-o-meter and gut feel index, or GFI. A stock has to pass those hurdles first
Over $60 in premarket, +8%.PA24 said:Up 14%Heineken-Ashi said:
SMCI still looking impulsive - obviously big deadline coming up. But $45 breakout area can be your stop. If you can't stomach a potential gap down well below your stop, which is entirely possible, then don't play. Orange count shows the levels I would expect should this shift into a diagonal pattern.
Have a stop At $50.00
I know.El_duderino said:
All I can say is that they have not filed their 10K still and the deadline is next Tuesday.
In the impulsive count (blue), anywhere between here and $65 is the standard target for the next pivot zone. Hitting its head here could see a retracement to between $47 and $52. Any extensions above $65 would just raise the price level of the next retracement.PA24 said:Over $60 in premarket, +8%.PA24 said:Up 14%Heineken-Ashi said:
SMCI still looking impulsive - obviously big deadline coming up. But $45 breakout area can be your stop. If you can't stomach a potential gap down well below your stop, which is entirely possible, then don't play. Orange count shows the levels I would expect should this shift into a diagonal pattern.
Have a stop At $50.00
Thinking about buying a few more shares this morning.
I want ahead of the game on this stock, can it get to $70?
Heineken-Ashi said:In the impulsive count (blue), anywhere between here and $65 is the standard target for the next pivot zone. Hitting its head here could see a retracement to between $47 and $52. Any extensions above $65 would just raise the price level of the next retracement.PA24 said:Over $60 in premarket, +8%.PA24 said:Up 14%Heineken-Ashi said:
SMCI still looking impulsive - obviously big deadline coming up. But $45 breakout area can be your stop. If you can't stomach a potential gap down well below your stop, which is entirely possible, then don't play. Orange count shows the levels I would expect should this shift into a diagonal pattern.
Have a stop At $50.00
Thinking about buying a few more shares this morning.
I want ahead of the game on this stock, can it get to $70?
Ferris Wheel Allstar said:
$HIMS has been rocking the las month.
El Chupacabra said:
my account is red this morning. Is there a manager I can call?
Charlie Conway said:Ferris Wheel Allstar said:
$HIMS has been rocking the las month.
HoustonAg2014 said:
OXY finally waking up. Patience is virtue.
I think the crazy thing is there is no reason for it to fall. It's like it's intentionally going on a massive sale for no reason. Earnings and future sales say this stock movement has been dyslexic.Heineken-Ashi said:
Guys, once POWL daily RSI crossed back below the mid line, there should have been no buying until it proved bottom. MACD couldn't look weaker. Switch over to weekly and its even worse.
I don't live and die by RSI, but when its weak and falling, you need to wait for oversold signals.
giddings_ag_06 said:I think the crazy thing is there is no reason for it to fall. It's like it's intentionally going on a massive sale for no reason. Earnings and future sales say this stock movement has been dyslexic.Heineken-Ashi said:
Guys, once POWL daily RSI crossed back below the mid line, there should have been no buying until it proved bottom. MACD couldn't look weaker. Switch over to weekly and its even worse.
I don't live and die by RSI, but when its weak and falling, you need to wait for oversold signals.
It's dropping on only moderate volume.EnronAg said:
welp, I'm the new owner of more POWL shares at $199...prolly dumb, but let's see what happens...
